how to trade cryptocurrency and gift cards on Noones

by nativetechdoctor
8 minutes read

noones is a platform that is ideal for easily exchanging virtual currencies between them. They also provide dedicated wallets that allow sending and receiving said cryptocurrencies to and from outside

How to Create an Account

  • visit noones.com and click on register
  • choose register with email or register with the number and create a password
  • once done you will need to verify your phone number or email address

How to buy cryptocurrency on Noones

currently, you can trade Bitcoin and Altcoins on noones.

  • on the homepage you will see market place click on it
  • now choose the crypto you want to buy, select the amount you want to spend, and the payment method you want to use
  • choose “verified only” to see offers from only verified account
  • click on Buy Now to open the offer page. on the page, you will see all the necessary information about the trade
  • click on Start Trade and wait for the seller to give you details on where to send the payment

How to Sell Cryptocurrency on Noones

to sell on noones you have to follow the same steps of “how to buy crypto on noones” The only thing you have to do is to select sell on the marketplace. the only difference is that on the buy page, +percentage sign means “the offer is let’s say 3% above the current bitcoin market price and you pay more to purchase the bitcoin but on the “sell” page it means you pay less to get more fiat currency. so whenever you see the offer in red color it means you won’t gain profit when you trade but when it’s in green it means you will gain profit

How to Trade Gift Cards On Noones

Noones offers a variety of gift cards, including closed loop cards, open loop cards, physical loop cards, virtual cards, and reloadable and non-reloadable cards.

Closed-loop cards

Closed-loop cards are special single-purpose cards designed for use only in specific locations. Examples include Amazon, Walmart, Google Play, and Apple gift cards. The term “closed loop” means that these cards can only be used within their designated network. This means, for example, that a Walmart gift card cannot be used on Amazon due to usage restrictions.

Open-loop cards

Open-loop cards offer more flexibility in where they are issued. Unlike closed-loop cards, which are tied to specific retailers, open-loop cards, such as American Express, MasterCard, and Visa gift cards, can be used at any store that accepts payments from these financial institutions.

Physical gift cards

Physical gift cards are tangible cards displaying predetermined values, typically in denominations like 10, 25, 50, and 100 USD. These cards feature redemption codes on the back that require scratching off for use. Examples include Starbucks, Hotels.com, and Nordstrom gift cards.

Virtual cards

Just like physical cards, virtual cards require a code to redeem their value. However, unlike a physical card where you have to scrape the back, the virtual card code is sent directly to your email address. This method is useful if you’re worried about losing your physical card or if you want to do all your gift card transactions from home. Notable examples of Noones virtual cards include Sephora, Netflix, and Target gift cards.

Reloadable and non-reloadable cards

Reloadable cards, also known as prepaid cards, are similar to debit or credit cards and have a unique number and expiration date on the front. The loaded amount represents your credit limit and provides information about the available amount. Once the internal balance is depleted, the card will be disabled until more money is deposited. Examples of reloadable cards include MasterCard, Netspend’s Reloadit, and OneVanilla VISA/MasterCard gift cards.

On the other hand, non-reloadable cards function similarly to reloadable ones, but you cannot add more funds after the initial amount is used. Examples include Airbnb, Uber, and Xbox gift cards.

How to Buy and Sell Gift Card On Noones

Acquire Bitcoin using a gift card:

  • Visit the buy page, select your preferred payment method from an extensive list of over 400 options, and explore available offers. Once you find a suitable offer, start trading and secure your Bitcoins by sending payments.

Buy a Gift Card with a Bitcoin

  • Go to the sell page, select the gift card you want, and search for sale offers. Select your offer and start selling.
  • Once you initiate a transaction, your trading partner will immediately send you the actual gift card code or image along with your receipt. At this point, proceed to verify the code, release the Bitcoin from your escrow account, and complete the transaction.

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